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Nour Motors assembles and sells motor vehicles and uses standard costing. Actual data relating to April and May 2020 are: 400 Evo Treat Fat Dools
Nour Motors assembles and sells motor vehicles and uses standard costing. Actual data relating to April and May 2020 are: 400 Evo Treat Fat Dools Buta Hirdom els A B D 1 April May 2 Unit data 3 Beginning inventory 0 150 4 Production 500 5 Sales 350 520 6 Variable costs 7 Manufacturing cost per unit produced $ 10,000 $ 10.000 8 Operating (marketing) cost per un sold 3,000 3.000 9 Fixed costs 10 Manufacturing costs $2,000,000 $2,000,000 11 Operating marketing) costs 600.000 600.000 9-1 The following information is available: The selling price per vehicle is $24,000. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 500 units. There are no price, efficiency, or spending variances. Any production-volume variance is written off to cost of goods sold in the month in which it occurs. The following information is available: The selling price per vehicle is $24,000. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 500 units. There are no price, efficiency, or spending variances. Any production-volume variance is written off to cost of goods sold in the month in which it occurs. 9-2 What is the operating income under variable costing and absorption costing for the months of April and May
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